IHC, now the most valuable company on the Abu Dhabi bourse with a market capitalisation of $72 billion, is also considering a 2022 initial public offering for its majority-owned healthcare firm Pure Health
IHC, now the most valuable company on the Abu Dhabi bourse with a market capitalisation of $72 billion, is also considering a 2022 initial public offering for its majority-owned healthcare firm Pure Health
The outlook for the ravel tourism sector has been brightening as the country expects the sector to contribute Dh280.6 billion to its economy by 2028
Analysts project that the investors will need strong reasons to drive prices further up as better returns offered by equities also pose a challenge to the yellow metal
Tom Stevens, area vice president at Rotana, says that the UAE’s hospitality sector is on “a solid growth track and marching ahead.”
The funding round saw participation from global investors, including US-based Acrew Capital, Japan’s Saison Capital, UAE’s Zayn Capital and B&Y Venture Partners and a Silicon Valley based growth fund.
The investment trust is looking at new ways to bring further value to existing tenants through a series of strategic upgrades currently in progress